US automaker stocks fell after Reuters reported President-elect Donald Trump plans to eliminate a key consumer tax credit aimed at boosting electric-vehicle (EV) adoption. Read more at The Business ...

Two days after President-elect Donald Trump formally announced the initiative led by the Tesla CEO, they’re already hiring.

It’s not the first time a president has empowered a business tycoon to look for ways to dramatically cut federal regulations.

Elon Musk has said ending tax credits of up to $7,500 for electric vehicle purchases would "devastate" Tesla's competitors.

Shares of Tesla (NASDAQ: TSLA) were heading lower on reports that the Trump administration planned to eliminate the $7,500 ...

In this mini-documentary from Bloomberg Originals, What Elon Musk Wants From Donald Trump, we explore what the right-wing ...

One sign of Musk’s new influence over the trajectory of EVs was apparent Wednesday. Auto consulting firms contacted for this ...

Citing two people familiar with the matter, Reuters is reporting that Trump’s transition team is aiming to kill the EV tax ...

Ahead of the opening bell, the Bureau of Labor Statistics said the Producer Price Index (PPI), which measures what businesses ...

Republicans have long opposed the $7,500 federal tax credit for electric vehicles contained in the Inflation Reduction Act.

President-elect Donald Trump’s transition team is planning to kill the $7,500 consumer tax credit for electric-vehicle ...

Cutting costs is never easy, Lord Francis Maude, who cut the running costs of the U.K. government by $75 billion, tells ...